00:00:00.000Good day, welcome to the Corey Morgan Show on it.
00:00:30.000a special time because tomorrow is well it depends on who you ask canada day for most
00:00:35.520for some of us going to mirror tomorrow we call it albertans day either way it is a regulated
00:00:40.800holiday so we aren't going to be in the studio and doing things so we figured we'll do it on tuesday
00:00:45.680and get that news and everything out to you so thanks for tuning in on this odd week you know
00:00:51.440when you get those long weekends i mean it's one thing to have it on a friday or a monday but when
00:00:55.040you kind of splat one right in the middle of the week there it's a little unusual people aren't
00:00:59.120are used to that but whatever breaks up the work week for some folks and uh hopefully the rain will
00:01:03.720lighten up for a little while down here all right so yeah a bit of stuff to cover i'm gonna guest
00:01:08.140on a little while jerry amernick he's been on before he's an author he uh wrote sleepwoking
00:01:13.180it turns out he was yet another one who was set up by that cbc funded group of people
00:01:18.500to basically try and mock and make fools of them like with uh uh francis widdowson and some rcmp
00:01:24.940officers and others so he'll talk a bit about that experience and some of the stuff we'll get to
00:01:29.020know where our tax dollars are being spent with the state broadcaster as well of course lots of
00:01:35.580other news and things to cover so let me get on with what's got me going today looking at stuff
00:01:40.420so for an alleged economic wizard prime minister mark carney has been rather underwhelming on the
00:01:46.060fiscal file since assuming office in fact he's appeared outright inept and the condo bailout in
00:01:51.600bc demonstrates this in spades if the actions of the carney government can't be attributed to
00:01:56.460ineptitude, it signals something even worse. The condo bailout is just the latest in a string of
00:02:01.580actions from the government that amount to simply tossing billions of tax dollars at issues and
00:02:05.940hoping they solve themselves. Developers built thousands of overpriced condo units in Vancouver
00:02:11.420and found themselves stuck with over unsold units. Over a third of these apartments were priced at
00:02:16.720over a million dollars plus exorbitant ongoing condo fees so it really shouldn't have been that
00:02:21.180shocking that nobody was actually rushing out to snap up these units the proper approach in such
00:02:26.780a situation is to let the developers sink they could either reduce the price of the condos to
00:02:31.340an affordable level or they could go bankrupt and let the next owners of the units do what must be
00:02:36.460done it's the ultimate and most simple of market corrections it offers a lesson to investors and
00:02:41.180developers on the hazards of building overpriced products on bubbles and it brings the prices down
00:02:46.380for consumers any grade 10 economic student could figure out those basic principles of supply and
00:02:51.340demand unfortunately those principles appear to have eluded mark carney who's decided to take
00:02:56.460your money and bail out the developers with it to the tune of billions of dollars now
00:03:01.420incompetent developers get rewarded for their actions taxpayers get screwed and the housing
00:03:06.540prices remain out of reach for common bc citizens everybody loses well everybody except those who0.96
00:03:13.100her well-connected developers lose anyways so is mark carney a complete incompetent with economics
00:03:19.340or was there a benefit to him and his party that can't be seen and the objects of it all certainly
00:03:23.980don't do many favors in fact the whole affair stinks to high heaven what is the long-term plan
00:03:28.460of the government you know under carney to get canada's failing economy on track i mean while
00:03:33.100the gdp per capita for americans has reached nearly 90 000 us dollars canada's remains mired
00:03:38.220at 55,000 and sinking in comparison. Canada's entered a technical recession while Carney
00:03:44.260continues to maintain the policies that put us there in the first place, namely the Trudeau
00:03:48.240era policies of shutting in Western Canadian resources. Meanwhile, billions are being poured
00:03:53.240into bailouts and Laurentian vanity projects, such as the grotesquely expensive Alto high-speed
00:03:58.880rail boondoggle, which is priced at $90 billion and certain to rise. The project hasn't even laid
00:04:04.280into track yet but already the executives are slurping up millions of tax dollars and bonuses
00:04:08.680nice work if you can get it the new 25 billion dollar slush fund called canada strong is to be
00:04:13.800directed at investing in canadian strategic interests i wonder how many of those strategic
00:04:18.760interests happen to overlap with carney's personal financial interests or those of his compatriots
00:04:23.800over 180 billion is going to be poured into military procurements over the next few years
00:04:27.480you can almost hear the scurrying of little feet of hundreds of lobbyists in ottawa working to take
00:04:32.040bites out of that fund. Billions are being dumped into the Canadian Arctic and some of that
00:04:36.180investment has already been effective in buying the floor-crossing love of a Northern MP. It
00:04:40.540remains to be seen how the common citizen in the tundra is going to see the rest of the benefits
00:04:44.200though. Carney brought back the $5,000 rebate for EVs that nobody wants. When coupled with his deal
00:04:49.520to import Chinese electric vehicles into Canada though, incentivizing the purchase of them with
00:04:53.880tax dollars makes perfect sense to connected insiders on the deal anyway. In a little more
00:04:58.800than a year, the Carney government has managed to make the Trudeau administration appear fiscally
00:05:03.620responsible. That's no small feat. Carney's massively increased spending in the deficit
00:05:07.820while maintaining a chokehold on resource development and exports. Costs to service
00:05:12.800the Canadian debt continue to rise while the productivity in the nation continues to drop.
00:05:16.640It's a bleak and ugly fiscal picture. So we get to ask ourselves again, is Carney really this
00:05:21.860economically incompetent or is administration just did it to take the money and run? In either
00:05:26.880scenario things are not looking good for the financial future of canadians unless you have
00:05:32.560connections with the carny government then they're looking really nice by the way dave you got any
00:05:36.880good investments with the carny government gonna make you some money not exactly corey no ah well
00:05:42.000see so i see uh the dave number one is off visiting with the grandchild again yeah for all week we're
00:05:47.600enjoying the the presence of dave whittick dave number two yeah i'm getting used to this new
00:05:51.760setup this is my first time actually in this new studio yeah nice actually it's got a good look
00:05:55.600to it i don't know about the table though for four people for the pipeline a little fella keeps us
00:05:58.960from stacking with too many jugs of beer or something it sounds good well like we were
00:06:03.360saying off camera cory it's kind of a bit of a slow news day but the big one that i was thinking
00:06:07.040at least locally is the sheldon schumer's finally shut its doors today after all those years it was
00:06:11.200calgary's only supervised consumption site i think it started in 2017 i know there's there's a lot of
00:06:16.640people that are happy to see it go i know that dan mcclain for years talked about trying to shut
00:06:20.080that place down the counselor so he's probably going to be happy today i'm thinking about you
00:06:23.920Well, I would think. I don't know. He's not too happy because he didn't win a nomination.
00:06:26.920He thought he was going to get it. That was good.
00:06:28.240I know he didn't want to go there. Sorry, Dan. But, you know, that was unexpected.
00:06:32.240But, well, welcome to the political life. I guess he's still safe as a councillor and can focus on that.
00:06:37.040Yeah, no, exactly. And also as well, I think the biggest news is probably that Daniel Smith's pipeline proposal is going into the Major Projects office tomorrow.
00:06:43.840That's what everyone's been talking about.
00:06:45.440And also last night, a couple of sources that said they were close to the matter said that there is going to be no private proponent still for that.
00:06:50.980So I think the Alberta government is going to be the initial proponent until they find a proponent, which I think has to be by October 1st before the feds make a decision on that.
00:06:59.020But it doesn't really come as any surprise that there is no private proponent because you saw everyone from Synovus to Enbridge to you name it saying, we don't really feel like getting involved in this for any time soon.
00:07:08.420Well, no, they've never made a secret of it. It's pretty straightforward. Do you want to build a pipeline to a coast with no guarantees, with a false indigenous authority being given to veto for it, and a tanker ban? So even if you got it all the way out there, you're not allowed to actually sell it beyond there. And lo and behold, nobody has stepped forward to say they're going to invest billions of dollars in this. I'm astounded.
00:07:30.080well i mean i'm not surprised as well especially with the whole um pathways carbon project there
00:07:33.920because that's supposed to cost if it goes ahead i think 20 to 30 billion and i mean you're not
00:07:38.320really getting much return on your investment i don't think for that and that's another thing that
00:07:41.120all these oil companies have been looking at for that so well it looks like alberta's paying all
00:07:45.600the prices but getting none of the benefits it well that sounds like a run-of-the-mill confederation
00:07:49.440actually unfortunately yeah we got another one here uh pauliev's actually um reshuffled his
00:07:55.040shadow cabinet today and um he's branding uh the party's a new affordability team and he was naming
00:08:00.080uh ontario mp michael chong as the conservatives new financial shadow financial critic but um
00:08:05.360like we were saying before i don't really know who the actual financial critic was for the most
00:08:08.400part because apparently some guy i think from calgary east that we never really heard of yeah
00:08:12.080he was a member of parliament for northeast calgary i forget somebody mentioned his name
00:08:15.360earlier sorry it shouldn't be so rude he might even be a follower online but i mean it that
00:08:20.560does kind of say he's been pretty underwhelming in the role then because i mean there's a heck
00:08:23.760of a lot of things that we could critique the the government on financially and and we never hear of
00:08:28.320yeah no no exactly this is actually an interesting one too i don't know what your thoughts are and
00:08:32.080this is an international one but um do you see that the u.s supreme court just shot down trump's um
00:08:37.120idea about um oh what the heck is it the um citizenship the uh birthright birthright
00:08:42.320citizenship thank you yeah five to four in the supreme court so i'm just wondering what your
00:08:45.760thoughts were on birthright citizenship in general for canada because i from what i can gather i think
00:08:49.520think some of the laws are fairly similar in both countries when it comes to that they are and i
00:08:53.840don't know i mean it's one of those dicier areas i mean if you're trying to get immigration under0.69
00:08:57.400control but you're kind of letting it being out of control outside of your purview it's it's well
00:09:02.420i guess that's why you get a split court decision on it i i i am sure that the orange man is going
00:09:06.560to be in a grumpy mood for a little while though that won't help with the kuzma negotiation
00:09:09.320well that's the other thing that we're going to mention kuzma supposed to i think what does it
00:09:12.700expire tomorrow i think if that's what i'm remembering correctly yes we haven't for kind
00:09:17.300a bit of sort of conflicting things what people have been saying about that i think carney i mean
00:09:21.220again it's just very conflicting i think some people want it still some people don't i think
00:09:25.380who do you think really would benefit if it basically got changed if trump just said no and
00:09:29.860he actually stuck by that because he's always been saying for example that he doesn't maybe he might
00:09:33.700sign it he might not sign it but i mean he says that constantly so i don't really know but what
00:09:38.020happens if he actually follows through on that threat for canada if he says you know what we're
00:09:41.860not actually signing it well you know ironically that stability might be finally okay then it's
00:09:46.260it's not in the air and we can start planning around it i i it's one of the areas i don't envy
00:09:50.860carney and and i don't fall too much i mean the how do you negotiate with a guy like trump yeah
00:09:55.720he's so unpredictable like i said he's always you don't know if it's a real threat or it's just
00:09:59.300nothing will surprise you they might sign on for the following 16 years as it used to be with the
00:10:04.340renewal terms or or it might be out the window and we're gone to a year i was gonna ask you i
00:10:08.680don't know if you know this but how long is it do they have a year or whatnot i think after it
00:10:11.840expires i think there's a year some sort of like grace period or something if i remember correctly
00:10:15.700I believe it kind of goes to a year-by-year sort of thing after that.
00:10:20.080But, I mean, that's not good stability, especially when we look at projects, things, anything large.
00:17:51.380And we've since discovered, Corey, that a lot of other people were targeted in this as well, including some former RCMP officers, other journalists they went after.
00:18:00.660And, you know, when I first did an interview about this, I said, if the CBC is involved, it doesn't look very good on the CBC.
00:18:08.500But, of course, they were, along with APTN, Northland Tales, as they call the series.
00:18:35.380But the state broadcaster of all institutions with a production that appears so heavily focused on undercutting pride in some of the foundational figures and institutions of Canada is just kind of extra repugnant.
00:18:52.560I mean, it's not that the RCMP or McDonald were above reproach, but this is clearly something much uglier than that.
00:18:58.460this is really you know along the lines of the people who tear down statues yeah well initially
00:19:02.780well it's right on in line with that actually yeah you know i asked where is this going to air
00:19:08.480when they first approached me they said it would air on the cbc in the fall so right away i said
00:19:15.340well the cbc is no friend of johnny mcdonald and immediately do a search and look up the most
00:19:20.040recent uh references to mcdonald on cbc and every one of them is negative so they assured me that's
00:19:27.700not going to be the case they're a private company doing it but as i say everything they told me was
00:19:34.680was not true uh that it was just really one lie after the other so um that that was uh the the
00:19:42.680whole thing and uh you know i um i the national post called me he said would you like to do a
00:19:47.540piece on this so i did and then i did a satirical piece for uh woke watch which got into a little
00:19:52.500more detail and and was more uh with my personal sentiments so like all that is that a satire as i
00:20:00.500said no and it was well written and enjoyable and it laid out a lot of just that process because
00:20:04.440people wondering too and you know and you kind of just said in that way like because some people
00:20:09.160say well how would francis fall for that or others well it's innocent enough if somebody
00:20:13.840phoned me up and said hey you know we're gonna give you a flight in a hotel room and it sounds
00:20:17.720honest and we'll talk about political things for an interview with an honorarium yeah why not i
00:20:23.060mean i'll go for that contrary to what people believe that you don't get rich with independent
00:20:27.540media so if i could make a few dollars and speak on the issues that'd be great well you know like
00:20:32.980i said in that piece cory you know when people tell me who they are and what they're doing i i
00:20:38.440tend to believe them i mean why wouldn't you right uh and then you find out later uh what was really
00:20:44.220going on. So I think it's beyond disgusting. But I think the most disgusting thing in this whole0.70
00:20:50.180thing was their treatment of the former RCMP officers. Really, I mean, beyond disgusting.
00:20:57.620And so there's nothing positive here. But again, the fact that the state broadcaster was involved
00:21:03.740in this, it's pretty low and it's pretty sad. Yeah, well, and Patrice Dutille, that was
00:21:10.280surprising and i mean i i've had him on i read his book uh his recent one i mean he's written a
00:21:14.720number as you said he's an expert on sir johnny mcdonald and his book was not absent of critique
00:21:20.240of of sir john a he didn't put him up as a a perfect person by any means he spoke of those
00:21:26.040later years of his time in office and the challenges yeah self-doubt and those realities
00:21:31.000but i mean it says a lot then that they're going after him you know francis witteson okay she likes
00:21:36.320diving into the mix stirring things up i think she does fantastic work and she writes uh some
00:21:41.400nuanced stuff as well but okay you could see why that would paint a target uh for for for opponents
00:21:46.600i guess but with patrice this is a man who's just an academic who's who's writing some excellent
00:21:52.020pieces that are balanced on mcdonald and they wanted to go after him as well that that's
00:21:58.140they're really on an ugly agenda well i think they were actually going after anyone who questioned
00:22:04.780the graves and kamloops story right uh and i and i'm in that uh that group as well but but i have
00:22:11.500to tell you about johnny mcdonald i have a chapter in my book about johnny mcdonald i just call it
00:22:15.820the trashing of johnny mcdonald and you know i did a lot of research on mcdonald in writing my
00:22:21.660book sleepwalking and i have to tell you what i thought when i look at what i knew about mcdonald
00:22:26.780when i started this project and what i know about him today you know everybody says he wasn't
00:22:32.540perfect well i don't know anybody who is but i think i i i'm full of admiration for johnny
00:22:37.660mcdonald the more i learned about him the more i admired them and when you look at the personal
00:22:42.300tragedies he had to put up with i don't think people are really aware of that and and the
00:22:47.580country i mean canada you can't think of canada in 1867 the way you think of canada today it was
00:22:53.500very different he brought all these disparate groups together he was a master politician
00:22:58.140and uh and it's amazing what he did and also in in threats of american annexation right uh it's
00:23:06.240incredible what he did and and i think tomorrow was canada day i think i think the man should be
00:23:12.600honored and respected but yeah no i just said the uh the federal government does not honor johnny
00:23:18.440mcdonald and and he's not treated very well but by the feds and you know you look at all you
00:23:24.240mentioned i was watching earlier you talked about the world cup and soccer people celebrating canada
00:23:28.760going on in the world cup well that's great but i wonder if some of these people who are
00:23:32.020celebrating this are also people who are tearing down mcdonald's statues you know
00:23:35.580so um and and that's all due frankly to misinformation misinformation about mcdonald
00:23:43.820well and i i find quite an irony with it in that you know we've got quite a an explosion of
00:23:48.820regionalism in alberta a vote on independence uh sort of come a symbolic one anyways coming this
00:23:53.780fall. I'm very much a part of that. I've always been so. And the people who've been trying to
00:23:59.720undercut Canadian pride, whether it's through the RCMP, the residential schools, Sir John A.
00:24:03.420MacDonald, then express shock when you see regionalist movements exploding and then people
00:24:07.720feeling a lack of connection with the country that was holding together in the first place.
00:24:11.380They don't seem to understand. They were the ones eroding those underpinnings for years now,
00:24:15.460and this is the consequence of their actions. Well, I agree with you. I mean, I think the top,
00:24:21.540The prime role of the federal government should be to unify the country.
00:24:25.400And, you know, I don't think they're doing a very good job of that.
00:24:28.300I don't think they've been doing a very good job of that for a number of years.
00:24:32.200And, you know, I think we I think we have a leadership crisis.
00:24:36.240And I think it's also in the opposition, too.
00:24:38.840I mean, you know, I think I think we have a leadership crisis right across the board in this country.
00:28:17.360What I've done in my book is I look at biographies that have been written, you know, Hansard laws, legislation, a lot of stuff I uncovered in doing my research on McDonald's and other figures.
00:28:31.940And like I say, in his case, the more I found out about him, the more I came to admire them.
00:28:36.980I mean, he really almost single handedly created this country.
00:28:41.100And I think he should be honored and respected for that.